The Tata AIG Life Nirvana Plus (Nirvana Plus) policy is India’s first and only pension policy with a guaranteed addition of 10% of the sum assured every 5 years. You can choose from three levels of cover, which is your amount of Sum Assured: Rs. 1 lakh, Rs. 2 lakhs and Rs. 4 lakhs. You can also decide the age you want to retire: 55, 58 or 60 years of age.

Key features include:

•10% of sum assured is added to your sum assured for every 5 years of paid premiums.
•Rs. 1 lakh will be paid directly to you should you be diagnosed with a covered critical illness (after a 30 day survival period) for first 3 years of the policy.

TATA AIG LIFE Nirvana

You need money to live after you retire, but is the money you saved going to be enough?
The Tata AIG Life Nirvana (Nirvana) retirement plan is a flexible policy that allows you to choose your retirement age (from 50 to 65 years).

Key features include:

•Sum Assured is payable on death during the accumulation stage or on vesting age.
•A guaranteed 10% addition to the sum assured payable at the time of your death or vesting age if your policy has been in force for 10 years.
•A Reversionary bonus declared from the 5th policy anniversary and credited on each policy anniversary.
•A Terminal bonus is payable at the time of retirement or death (policy must be in force for a minimum 10 years).

strong>

Tata-Aig Life Insurance Company has launched a Unit linked plan called Invest assure Insta Unit –Linked plan. The plan offers a guaranteed maturity bonus to its customers & is made to help them with high allocation rates so that they can get maximum from their investments. It provides an option to choose from five funds depending upon the risk customer wants to incur.

Eligibility
The minimum entry & maximum entry age is 30 days & 60 years respectively with the maximum maturity age is 75 years.
TThe policy offers annualized premium options of Rs 20,000, Rs 30,000, Rs 40,000 and Rs 50,000

Features
Higher premium allocation
5% guaranteed maturity bonus